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September 16, 2020 04:47 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2s_t_4BmSxk/
Delivery Hero picks up Glovos LatAm ops for $272M in latest food delivery consolidation
More consolidation in the thin-margin food delivery space: Delivery Hero has announced it’s buying the LatinAm operations of Glovo, a Spanish on-demand delivery app.The German company said today that it’s paying up to 230 million to take over eight markets, including a 60M performance-based earn-out. The transaction, which Berlin-based Delivery Hero said it expects to […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2s_t_4BmSxk/
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